Press release
Deadline coming up on August 6th in Lawsuit for Investors in shares of FAT Brands Inc. (NASDAQ: FAT)
A Deadline is coming up on August 6, 2024 in the lawsuit for certain investors in FAT Brands Inc. (NASDAQ: FAT).
Investors who purchased shares of FAT Brands Inc. (NASDAQ: FAT) have certain options and there are strict and short deadlines running. Deadline: August 6, 2024. NASDAQ: FAT stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges on behalf of purchasers of FAT Brands Inc. (NASDAQ: FAT) common shares between March 24, 2022 and May 10, 2024, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 24, 2022 and May 10, 2024, the defendants made materially false and/or misleading statements and/or failed to disclose that defendants failed to disclose that Andrew A. Wiederhorn, the Company's Chairman and former CEO, had received improper payments from the Company, exposing FAT Brands to criminal liability, and that as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages.
Those who purchased shares of FAT Brands Inc. (NASDAQ: FAT) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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